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The company said network integration, converged communications, and security all helped it bring in a profit.

Profits grew in Africa, Asia, Australia, and the US by 43.7 per cent, 68.7 per cent, 10.3 per cent and 34.3 per cent respectively.

Europe disappointed with operating profit down to $1.5m from $14.8m in 2005. Losses in France, Switzerland, and a poor performance from the UK were blamed for the shortfall. There was some improvement in the second half of the year.

The company wrote off a $4.2m cost for closing its call centre in Cork and reducing operations in Milton Keynes.